The Price is Right

Our latest Watering Hole looks at the key aspects of the recent budget for businesses, the benefits of value-based pricing, and insights from one of our Herd’s experiences of selling three of their own businesses. 

Achieving Growth 

Our CEO Martin Brown has reviewed Jeremy Hunt's recent budget, picking out the key elements for businesses, and tips for how businesses can plan for growth 

Tackling Challenges 

Pricing a product is a combination of both an art and a science. It requires a balance of financial considerations and personal values. A business owner must consider how a product or service contributes to overhead and how that will drive profitability, as well as how their pricing strategy will impact their marketing and competition. Prices can be set based on cost, or those of your competitors or the value you can create in the eyes of the customer - value based pricing. Steve Bird, our newest Business Growth Advisor explains the benefits of focusing on value.  

Preparing for Exit 

The Herd don’t just have strong knowledge of the theory of running a profitable business, they’ve also got real-life experience. They’ve led businesses, managed teams, worked in different territories, overseen expansions, and sold businesses. Steve Bird, who has just joined the herd, has sold not one but three businesses. He's now keen to share the lessons he has learned during his entrepreneurial journey with other business owners preparing for sale.